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Thomas Murphy (broadcasting)

From Wikipedia, the free encyclopedia
American broadcast executive (1925–2022)

Thomas Murphy
Murphy in 1985
Born(1925-05-31)May 31, 1925
DiedMay 25, 2022(2022-05-25) (aged 96)
EducationPrinceton University
Cornell University (BS)
Harvard University (MBA)
OccupationBroadcasting executive
SpouseSuzanne Murphy (died 2009)
Children4

Thomas Sawyer Murphy (May 31, 1925 – May 25, 2022) was an American broadcasting executive, and was chair and chief executive officer ofCapital Cities /ABC, Inc. until 1996. Together with fellow Capital Cities executiveDaniel Burke, Murphy engineered the acquisition of theAmerican Broadcasting Company in 1986 for $3.5 billion.[1] Murphy and Burke, who served as president andchief executive of ABC until 1994, are credited with increasing theprofitability and efficiency of ABC.[1]

Early life and education

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Murphy was born inBrooklyn on May 31, 1925.[2] His father, Charles, was a lawyer involved inDemocratic Party politics and later worked as a judge in theJudiciary of New York; his mother, Elizabeth (Sawyer), was a homemaker.[2][3] Murphy initially studied atPrinceton University, before enlisting in theUS Navy and serving from 1943 to 1946.[2][4] He then studied mechanical engineering atCornell University, graduating with aBachelor of Science in 1945.[3] After his application toHarvard Business School was rejected, he was employed byTexaco as an oil salesman for a year.[2] He was later accepted by Harvard and obtained aMaster of Business Administration in 1949, graduating as a Baker Scholar.[3]

Career

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Murphy first worked atKenyon & Eckhardt as an account executive,[3] before becoming a brand manager forLever Brothers.[2][3] His fortunes changed when broadcaster and authorLowell Thomas, and his business manager/partner,Frank Smith, led a New York City-based investor group to buy control ofAlbany, New York-based Hudson Valley Broadcasting Company,[5] in 1954 and hired Murphy to run theWROW stations as their new general manager. Although Murphy did not have any broadcast experience, his leadership and conservative financial restraint helped bring WROW-TV (nowWTEN) to profitability three years later. In December 1957, Hudson Valley merged with Durham Television Enterprises, owners ofWTVD in Durham, North Carolina, to form Capital Cities Television Corporation, which later became Capital Cities Broadcasting Corp. in 1960 andCapital Cities Communications thirteen years later.[2][3]

Murphy moved up quickly in the ranks of the company. He became Capital Cities' first vice president in 1960. Four years later, he was promoted to president while Smith moved up to become the company's first chairman. After Smith's unexpected death in 1966, Murphy became chairman and chief executive officer, a position that he held for the next 30 years. Under his leadership, he helped build Capital Cities from a small broadcasting company into a multibillion-dollar media conglomerate. He then got into the publishing and newspaper business by buyingFairchild Publications in 1968, and then bought several newspapers includingThe Kansas City Star andFort Worth Star-Telegram. Murphy's biggest acquisition came in 1985 when he bought theAmerican Broadcasting Company for $3.5 billion to form Capital Cities/ABC.[1][6][7][8] The merger was engineered by Murphy and the man who replaced him as WTEN's station manager,Daniel B. Burke, who became ABC's president.[1][9]In 1995 Capital Cities / ABC was bought byDisney.[10] He was a member of the board of directors ofBerkshire Hathaway, General Housewares Corp., Texaco, Inc., Johnson & Johnson, and IBM Corporation[11] and a life trustee and honorary vice chair ofNew York University.[12]

Personal life and death

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Murphy was married to Suzanne Crosby Murphy until her death in 2009. Together, they had four children: Emilie, Thomas Jr., Kathleen, and Mary.[2][3] Murphy died on May 25, 2022, at his home inRye, New York.[2][3]

Awards

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Citations

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  1. ^abcdFlint, Joe (October 27, 2011)."Daniel Burke dies at 82; former president of Capital Cities/ABC".Los Angeles Times. RetrievedOctober 29, 2011.
  2. ^abcdefghMartin, Douglas (May 25, 2022)."Thomas S. Murphy, Broadcasting 'Minnow' Who Swallowed ABC, Dies at 96".The New York Times. RetrievedMay 26, 2022.
  3. ^abcdefgh"Tom Murphy, longtime Capital Cities/ABC Chairman and CEO who oversaw merger with Disney, dies at 96".WABC-TV. May 26, 2022. RetrievedMay 26, 2022.
  4. ^"TOM MURPHY"(PDF). Archived fromthe original(PDF) on September 2, 2006. RetrievedApril 20, 2018.
  5. ^"Tom Murphy".D23.
  6. ^"CAPITAL CITIES' CAPITAL COUP",Fortune, Stratford P. Sherman, David Kirkpatrick, April 15, 1985
  7. ^Buffett: the making of an American capitalist,Roger Lowenstein, Random House, Inc., 1996,ISBN 978-0-385-48491-6
  8. ^Sharbutt, Jay (January 13, 1986)."Cap Cities Picks Chief for ABC Broadcasting".Los Angeles Times.
  9. ^"Merger Would Mean New Style As Well as New Bosses at Disney",The New York Times, BILL CARTER, February 16, 2004
  10. ^"DISNEY, CAPITAL CITIES/ABC AGREE TO MERGE; $19 Billion Transaction Will Enhance Shareholder Values By Creating World's Leading Entertainment And Communications Company". Archived fromthe original on December 29, 2017. RetrievedApril 28, 2017.
  11. ^"The Museum of Broadcast Communications – Encyclopedia of Television".Museum of Broadcast Communications. Archived fromthe original on December 4, 2010.
  12. ^"NYU Board of Trustees".
  13. ^"Archived copy". Archived fromthe original on January 11, 2014. RetrievedJuly 9, 2010.{{cite web}}: CS1 maint: archived copy as title (link)
  14. ^"Conference & Market History | NATPE - National Association of Television Program Executives | NATPE - National Association of Television Program Executives". Archived fromthe original on June 13, 2010. RetrievedMay 29, 2010.

General and cited sources

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  • "Thomas S. Murphy",Encyclopedia of television, Editor Horace Newcomb, CRC Press, 2004,ISBN 978-1-57958-411-5
  • Forbes, Malcolm S. "Mighty CEOs Who are Also All-round Nice Guys are Rare."Forbes (New York), December 11, 1989.
  • Gibbs, Nancy. "Easy as ABC."Time (New York), August 14, 1995.
  • Hawver, W.Capital Cities/ABC The Early Years: 1954-1986 How the Minnow Came to Swallow The Whale. Radnor, Pennsylvania: Chilton, 1994.
  • Ländler, Mark. "Creators of the Big Deal, Capital Cities' Tandem Team."The New York Times, August 1, 1995.
  • Roberts, Johnnie L. "The Men Behind the Big Megadeals."Newsweek (New York), August 14, 1995.

External links

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  • "TOM MURPHY",Harvard Business School, December 2000, Amy Blitz
Awards for Thomas Murphy
2000
2001
2002
2003
2004
2005
  • Chuck Abbott*
  • Milt Albright
  • Hideo Amemiya*
  • Hideo Aramaki
  • Chuck Boyajian*
  • Charles Boyer
  • Randy Bright*
  • James Cora
  • Robert Jani*
  • Mary Jones
  • Art Linkletter
  • Mary Anne Mang
  • Steve Martin
  • Tom Nabbe
  • Jack Olsen*
  • Cicely Rigdon
  • William Sullivan
  • Jack Wagner*
  • Vesey Walker*
2006
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